ENT-640 “Sourcing”

Sourcing-

I have always been a person that sought out knowledge, and understood at a young age how to connect and build relationships. I always had an idea that I wanted someone to listen and help direct my path to the best way to achieve my goals. Now as an entrepreneur, I understand more so than ever the importance of building a network of like-minded individuals, and to have a connection with your community.

When I arrived in a new town, that I possible could build business opportunities, I asked myself where should I start? According to Stevenson (2001), You should set out to become an angel investor, so you should find your way to have meeting with bankers, lawyers, and venture capitalist. In my city, there are only a few places where you can find yourself around all the people listed above, at the same time. “The Rotary Club”, every Monday at 1:00 pm I am in a meeting with the local investors, lawyers and bankers talking about the needs of the city and how can we grow the city’s economic development.

Stevenson (2001), also suggest that we give speeches and publish articles so that we as entrepreneurs become more credible and our product and services we provide are presented in a positive light. Having, an understanding of what our business offers has a strong effect to the relationship build in our community.

In conclusion, it is key to meet the right people, it is very important to share ideas and make positive deals with other entrepreneurs. The growth of our business has a direct effect on how the economic development flourishes.

 

 

David Amis-Howard Stevenson (2001). Winning angels: the seven fundamentals of early-stage investing. Pearson Education

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